Author: NBTC
A small, but significant development in Bitcoin’s much-debated decentralized consensus process is taking place, with some developers moving to publicly gauge sentiment of warring soft fork proposals that would augment the software rule set. More specifically, the effort began today with the creation of a page on the Bitcoin Wiki website called “Covenants Support,” whereon the network’s pseudonymous developers are able to attest as to their interest in no less than nine proposals, with a six option rating system. The effort is not affiliated with Bitcoin Core, the network’s major software implementation. Yet, it’s notable, as the process has been…
Rootdata has released its latest ranking of the top 15 crypto AI projects by market cap, shedding light on a growing industry that bridges the gap between cryptocurrency and AI. Top 15 Crypto AI Projects Ranked by Market Cap, According to Rootdata Projects on the list include RENDER, FET, TAO, WLD, VIRTUAL, AIOZ, AI16Z, PRIME, ROSE, GRASS, GOAT, ARKM, ACT, IO, and ATH. Crypto + The Rise of AI The intersection of cryptocurrency and artificial intelligence has become a hot topic in recent months, sparking widespread debate and discussion. These projects aim to integrate blockchain technology with AI to advance…
Bitcoin (BTC), which had traded in a tight range for most of Wednesday, suddenly surged toward $100,000 during the U.S. afternoon, nearing a milestone price that it’s been unable to bust through for weeks. After briefly dipping below $95,000 around midday, BTC later jumped nearly 5%, hitting a $99,177 session high, CoinDesk data shows. The largest cryptocurrency by market capitalization was up 3.2% in the past 24 hours, outperforming the broader market benchmark CoinDesk 20 Index’s 1.3% gain. The price action happened as the so-called “Coinbase Premium,” a key metric to gauge BTC demand among U.S. investors, spiked to rarely…
Gala Film completed its FILM token TGE, empowering creators and fans in a decentralized entertainment ecosystem. The FILM token supports governance, community-driven funding, and access to exclusive Gala Film content. Gala Film has announced the successful completion of its Token Generation Event (TGE) for the FILM token, which took place on December 5, 2024. This is a turning point in Gala Film’s path to transform the movie business by means of decentralization. Designed as the backbone of Gala Film’s ecosystem, the FILM token is aimed at empowering both filmmakers and fans alike, therefore bridging the gap between artistic material and…
Last week, the price of bitcoin took a tumble, and right alongside it, the network’s computing muscle flexed down from a whopping 806 exahash per second (EH/s) on Dec. 14 to a mere 771 EH/s by Dec. 21. However, over the past three days, the hashrate has bounced back, rising by 11 EH/s from its recent dip. From Record Highs to Sudden Dips Just when bitcoin miners were starting to bask in the glow of those sky-high prices and the extra cash rolling in, the price of bitcoin (BTC) took a nosedive. On Dec. 17, it soared to an all-time…
The biggest cryptocurrency in the world, Bitcoin is losing its hold on market supremacy, therefore changing the crypto scene. Analysts believe cryptocurrencies may soon take the spotlight as their market share drops to 55.80% and a confirmed sell signal flashes for the first time since 2020. As Bitcoin’s price battles to sustain its momentum and falls below important trendline support, this sentiment picks traction. Bearish Signals Trigger Altseason Conjecture The relative strength index (RSI) indicating Bitcoin’s dominance is trading below its midline, therefore reinforcing negative expectations. Such situations have historically cleared the path for what is known as “altseason”—a time…
BlackRock, had purchased a substantial $1 billion worth of Bitcoin over the past three days. Exchanges have witnessed a significant outflow of $963.35 million in past four days. BTC has broken out of a symmetrical triangle price action pattern and is heading toward the $100,000 mark. Bitcoin (BTC), the world’s largest digital asset by market capitalization is witnessing a shift in sentiment toward the bullish side. On December 4, 2024, blockchain intelligence firm Arkham made a post on X (formerly Twitter) that BlackRock, the world’s largest asset manager had purchased a significant amount of Bitcoin. BlackRock Buys $1 Billion of…
As Ripple gears up for the launch of the RLUSD stablecoin, the XRP community is on high alert. Ahead of this key milestone, Ripple has issued an important warning. In a recent tweet, Ripple announced, “RLUSD is launching soon. Stay vigilant and report any impersonations or scams.” This message highlights the importance of caution as the RLUSD launch date approaches. $RLUSD is launching soon!Stay vigilant and report any impersonations or scams. https://t.co/yqnAdBQSfW — Ripple (@Ripple) December 10, 2024 Excitement is building around RLUSD, which has now gained final approval, making the XRP ecosystem a potential target for bad actors looking…
QORPO, a leading game development solutions provider company, has come into association with the giant global computing service Amazon Web Services (AWS) to advance game solutions using cloud and generative artificial intelligence. This partnership focuses on improving the scalability factor and operation optimization and introducing new features to the web3 gaming division, which features games such as ‘Citizen Conflict’ and the newly released ‘AneeMate’. QORPO x AWSAs a proud participant in the AWS Accelerator program, QORPO is leveraging the cutting-edge power of @awscloud technology to drive innovation, scalability, and successTogether, we are bringing generative AI into gaming and transforming the…
Prosegur Cash opens Argentina’s first crypto custody bunker, enhancing security for corporate crypto assets with offline storage. The facility utilizes technology designed by former Israeli secret service agents, akin to missile defense systems. Prosegur Cash, a Spanish firm specializing in cash transport and custody, recently inaugurated Argentina’s first cryptocurrency storage bunker through its Prosegur Crypto division. This information was disclosed by Fernando Geijo, Global Director of Communication, on the social media platform X. The new facility was opened following authorization from the National Securities Commission (CNV) of Argentina. Located at Prosegur’s main office in Buenos Aires, the bunker offers corporate…